Panama Canal Expansion Falls Six Months Behind Schedule

﻿The $3.25-billion effort to build massive new locks on both entrances of the Panama Canal has been delayed by six months beyond the previously announced schedule, said officials with the Panama Canal Authority, the agency that oversees the canal.

The international consortium handling the lock's construction, Grupos Unidos por El Canal, notified the authority—known by its Spanish-language acronym, ACP — of the new altered schedule on April 3.

Events

The Global Construction Summit, presented by Engineering News-Record and Marcum LLP, brings together the construction industry’s best world market experts to help attendees build their corporate fitness and compete on the international playing field.